To Entrepreneurs, More Free Time Can Translate To More Profits


The old adage “Time is money” have often repeated by many Web entrepreneurs like us, as well as numerous business people in the offline marketplace. This adage rings true in most circumstances because it seems to make sense that the more time you have which can be devoted to plying your trade, the more money you have the potential of earning.

However, in many cases, freeing up this precious time is easier said than done for a lot of entrepreneurs for various reasons, none more prevalent than finding qualified people to work within our offices/studios/work places. And when we do find the right persons (or assistants) to work with us, we must be mindful of certain labor laws which cover these new employees; But what if there was a way to free up your time without these worries? Ever heard of a VA (Virtual Assistant)?

A professional VA can offer all of the benefits of a traditional administrative assistant, without the need to provide a “space” for him/her. Most VAs offer a wide range of services to pick and choose from; ranging from the basic, such as telephone answering; to the more advanced, such as web hosting and meeting room hire. In this way, how you benefit from a virtual office is entirely up to you and the sky is literally the limit. Just do a Google search for virtual assistant to find available VAs for your business.

According to Wikipedia, “A virtual assistant (typically abbreviated to VA, also called a virtual office assistant) is generally self-employed and provides professional administrative, technical, or creative (social) assistance to clients from a home office. Because virtual assistants are independent contractors rather than employees, clients are not responsible for any employee-related taxes, insurance or benefits (except in the context that those indirect expenses are included in the VAs fees).”

Who does this benefit?

Virtual offices can benefit a wide range of users. This ranges from an Web-based entrepreneur working from home seeking a professional image to an international concern looking for a short-term solution to increase global business. In other words, a VA will be beneficial to your entrepreneurship if you are looking to free up some time to devote to marketing your business and leave the administrative work to a qualified someone else.

Not sure if you need a VA?

If you are a solopreneur, Webpreneur or entrepreneur the only sensible solution to growth is to add to your staff. Yet, you may have a lot of reasons that prevent you from hiring an “on-site” assistant, even if you need one. Wouldn’t it be great if you had an assistant that was always there for you, when you need them? Say hello to your new virtual assistant, a proven concept that provides great solutions for small businesses and helps to give your new endeavor the manpower it needs.

Salaried workers are much more of an immediate expense. You must provide a workspace, computers, supplies; and you also have federal and state tax obligations. Don’t forget about benefits – sick leave, vacation time, holidays. Did you know the true cost of an “on-site” assistant is possibly double the cost of their yearly salary in terms of benefits and liabilities?
It’s true!

Plus the “personality issue” can be problematic when you’re sharing physical office space with someone whom you will probably spend more time with than your family! If it is not a “perfect fit” it can be a strain. Today’s Virtual Assistants are used to getting along with a wide variety of personalities due to the global nature of their businesses. They have a “built in” office manager hat which enables them to handle many difficult situations. You may find that a VA is a perfect fit for your Web business.

Do You Need A Business Plan to Sell eBooks Online?


In order to address the question of whether or not a business plan is needed in order to sell ebooks online, we must first determine if ebook sales can be considered a business, an entrepreneurship or just something you do on the side to make a few extra bucks for your nights out with the boys/girls.

Another point we should touch on is the interchangeable uses of business and entrepreneurship. There is very little difference between the two terms based on the usage of each term. Since every entrepreneur is technically a small business person and entrepreneurship is simply the act of being an entrepreneur, then it follows that a small business can at any time be referred to as an entrepreneurship and vice versa.

That having been said, it is an accepted principle that every small business is launched with the goal – or objective, if you like – of achieving certain levels of monetary success, notwithstanding the service it provides to the local community. Entrepreneurs want to succeed at their particular crafts and therefore should have a clear idea of what it takes to succeed. Most successful business owners will tell you however, that whatever that idea is, it must be in written form.

Success online depends on having a plan, or more specifically a business plan. Very often, aspiring Web entrepreneurs contact a designer with a burning passion to have a new website designed, built and launched. FAST! But success takes more than waking up bug-eyed in the wee hours of the morning with the brainstorm of the century. You need to outline and complete a real business plan and make adjustments before the official launch.

Mentioned earlier was selling ebooks online and if it is to be a serious endeavor then it has to be considered an online eBook business, in which case the aspiring entrepreneur will have to provide enough information to satisfy the requirements of a business plan writer or to fill in the blanks of a pre-printed BP form. Thinking through the questions and answers is a vital step towards developing a good business plan. For example:

  • Do you have a company?
  • Do you have a logo for your company?
  • If no logo, what color scheme do you like?
  • How many products (eBooks) will you offer?
  • Are they all written and ready to go?
  • Do you have cover art for your books?
  • What system of e-commerce do you intend to use?
  • Will you offer just pdf or exe formats, or both?
  • Do you have the domain, plus registration and hosting?
  • Do you have a projected launch date scheduled?
  • How many affiliate products do you have to offer?
  • Etc.

Defining what you do, your market, and how you intend to be different are vital considerations for starting your online ebook business. You only get one chance to make a good first impression.

For an eBook online business, the competition is fierce and filled with some shady characters. When you begin the process of planning before jumping in, consider your image first and then answer “How will I establish credibility in the early going?”. Weave this into your business plan and you should do well. Don’t act before thinking or you may be perceived as just another online marketeer.

In summary

Your image comes first – It is recommended that you have a stunning set of graphics for your corporate image to make a favorable first impression. Hire a pro if it’s in your budget.

Credibility is a close second – Although it does take time to build a solid reputation in your marketplace, you can help yourself in this area by soliciting opinions from trusted people to give honest feedback about first impression and how credible they think you are.

And of course your Plan must guide your operating activities – If you can’t hire a financial/accounting pro to write your business plan, I’m sure there are Outlines or templates for creating a business plan availble free online. Get one. Use it. Be flexible, and change as you go.

A final word. I know that many startup online entrepreneurs neglect creating a business plan. Selling eBooks online without physical inventory except bits and bytes seems so easy that you will be tempted to just dive in to a ebook sales opportunity with both feet and not give the plan a second thought. But keep this thought in mind: Your chances for success will improve tremendously with a real business plan.